Maruti Suzuki sales drop by 8% in March; how other automobiles performed?

Maruti Suzuki registered a loss in sales with only 1,57,500 units sold in March. How other auto companies performed in Indian market?

Published on: Apr 1, 2023, 15:23:32 IST

By HT News Desk

Prefer HTon Google

Share via

Copy link

Automobile companies have started unveiling the sales data for March. Last month's figures were not good for the automobile giant Maruti Suzuki. In March, the company sold 1,57,500 vehicles. In March last year, this figure was 1,70,395 units, reports Live Hindustan.

Domestic car sales for Maruti Suzuki suffered loss in March sales. (HT Photo)

The carmaker has suffered a loss of 8 per cent on an annual basis with sale deficit of 12,895 units . Maruti is about to launch its new mini SUV FRONX this month. At the same time, in May or June, it will also launch the off-road SUV Jimny. Here we present March month's auto sales for other companies. (ALSO READ: Maruti Suzuki launches Swift Mocca Edition in Thailand: All you need to know)

Mahindra & Mahindra

In March 2023, Mahindra sold 65,100 vehicles with a 19 per cent annual increase. In March 2022, 54,643 units were ordered. Mahindra's Scorpio and Bolero remained popular cars.

Tata Motors

Tata Motors gets an 11 per cent annual rise which expanded in March too. Last month, the company sold 47,000 vehicles in the domestic market. In March 2022, however, this figure was 42,293 units. That is, it increased by 11% year on year. During the same time frame, 4,707 additional units were sold. Nexon and Punch remained the most popular cars for Tata. (ALSO READ: Tata Motors crosses 50 lakh passenger vehicle production milestone)

MG Motor

For MG Motor India, the results from the previous month were the best during the last 12 months. The company sold 6,051 units last month, compared to 4,721 units in March 2022, having a 28 per cent annual increase. This month, MG will also begin selling its cost-effective Comet EV.

ABOUT THE AUTHOR
HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away! -Login Now!